After 45 + years as a real estate investor, broker, lender, fund manager and syndicator, I’ve become aware that the “dream” of many investors and investor “hopefuls” is to be able to generate enough cash flow to live off their real estate holdings and accumulate enough wealth to make “work” optional.

If there is a property manager, your success rate is going to be very low.   

For owner managed properties like this we see expense ratios in the 35%+ range. 

A good deal for a retail buyer is something they can pay for which has most of the amenities and location they want.

This seems like a no-brainer to me and fits well into a vertical integration strategy (I'm also thinking about managing other people's rentals as even more vertical integration (aka side money).  

The car/renters/umbrella won't be with Foremost but this way you can have one agent to manage your portfolio.

HELOCs on rentals are rare, and depends on where you are located.

It's going to be location specific.

Capacity and Tolerance. 1) Capacity: how many people can you comfortably fit in the property, is there room to add more, or add more value to the tenants to increase rent.2) Tolerance: How many people are you comfortable living with, if there are vacancies are you able to handle that.House hacking is an amazing path to homeownership, and a nice low barrier to entry into self managing your properties.

Looking to connect with investors, agents and managers in the area.